Binance Smart Chain makes DeFi so easy hence there’s a chance you are outrightly gambling away your capital with several DeFi projects. It’s not strange, even legitimate project have setbacks like been hacked or some people capitalizing on loopholes in the smart contracts to wreck havocs. In BSC DeFi cases, the ease in terms of Transaction fees created gateways for so many shady Supposedly DeFi projects, that’s why it’s possible for you to turn $500 into six figures under a short time(over night, days) with liquidity mining and farming despite knowing how unrealistic a project is, yet we gamble and invest in it.
Also you can lose it all, this is were recklessness and risk taking merge, some risks are super worth taking, but its also calls for a super active risk management techniques like playing In Las Vegas Casinos.
Strangely I stumbled upon too much tokens in supply project on BSC and I have never thought of these large supply tokens to make any economic sense till a few days ago. Truth is that there is a massive pump and dump mechanism going on in these fresh projects but from an investor standpoints, its the way to double or triple your capital under a short time. But a seasoned risk assessment skill is your only weapon if you do not want to incur a greater loss as much as you made those gains.
Risk management will eliminate excessive greed, that is: if you put in $500 and you made a x10 to x100 gain, you would not be tempted to wait to make a ×1000 gain. Risking it all also means you will put in an amount that won't hurt if you lose and then you can actually gamble to wait for a x1000 gain. If you have this powerful skill, then your BSC game of risks is secured and you are poised to not make any damaging losses.
I am not advising you to gamble with your resources, but some tiny cap projects, either with large supplies or small supplies are what small time investors like me needs to make a massive gain in the cryptospace. Always DYOR before going into any project headlong!